Alex Wilhelm@alex /

In Equity, we unpack the numbers behind the headlines, where we discuss the business of startups. Grace and Alex record the news and notes on what's going on in the week.

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A UK-based incubator focused on non-profit startups that are addressing climate-related challenges through open-source data initiatives has announced the six startups which will be put through its ...India’s proposed taxation law of virtual digital assets won’t permit individuals to offset loss from one asset against profit of another, the Ministry of Finance said Monday in a move that the head...Finally collects bookkeeping, invoice and payroll data points and leverages AI and automation to put produce a full financial picture for clients. The first DJI Mavic turned the world of consumer drones on its head when it was released back in late-2016. The compact, foldable design launched a million copy cats around the world — includ...The world continues to shift more of its customer service needs online, and those building tools to help manage that demand are seeing their stars rise as a result. In the latest development, Glia ...Twilio today announced a new API for its Flex contact center service that combines the platform’s existing chat channels under a single umbrella to make it easier for developers to build cont...Tire-making giant Bridgestone has taken a minority stake in May Mobility, a Michigan-based autonomous shuttle startup, marking yet another investment into an autonomous vehicle startup. Bridgestone...It’s a bit unusual for meaningful tech news to break on a Sunday night, but that’s what happened last night when private equity firm Thoma Bravo announced it was acquiring Anaplan, the ...Corporate management startup Ramp confirmed that it has secured $550 million in debt and $200 million in equity in a new financing that doubles its valuation to $8.1 billion. In early February, The...CEO Guru Hariharan sees the $4.5 trillion retail industry at a massive inflection point. A wholesale e-commerce platform based in Kenya with hubs in the Americas, Asia and Europe, Powered by People, has secured $5 million in seed funding to increase its transaction volumes by growing t...For self-driving cars and other applications developed using AI, you need what’s known as ‘deep learning’, the core concepts of which emerged in the ‘50s. This requires training models based on sim...Kenya-based agritech Apollo Agriculture, which helps farmers access high-quality farm inputs, financing and markets, plans to double the number of farmers it is serving by the end 2022 and to intro...Sequoia has over the years made a name for itself for its early-stage bets on younger companies, many of which (Apple, Klarna and WhatsApp, to name a few) have gone on to become tech giants. Now, a...Meet Lune, a new startup that wants to expose CO2 emissions calculations so that customers are better informed when they purchase something online. When companies start using Lune’s API, they can a...The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every weekend in your inbox. (Folks, a technical snafu meant the wee...Mukesh Ambani-controlled Reliance Retail said on Sunday evening it is acquiring a majority stake of 89% in direct-to-consumer brand Clovia for $125 million as the largest Indian retail chain looks ...The Indian Income Tax Department said it has found and seized “a large number of incriminating evidences” that reveals that a Pune- and Thane-based unicorn startup, referring to Infra.M...As the Russia-Ukraine war rages on, crypto has become an integral tool for donors abroad to support Ukraine. The success of crypto-native fundraising campaigns in this context is reflective of a br...